RE: You're Going To LOSE Your Job Soon!
OK, allow me to play Devil's advocate and critically analyze your thesis here.
There is a lot that goes into running a business and it does not seem very realistic to compete in the market without any skills or knowledge that is usually attained through college and business schools.
The experience you gain when working for a company and learning from everything that goes on there can be critical when it comes to running your own business later on.
Running a business costs lots of money, especially if you really intend on competing with everyone else in your marketplace. Larger companies and corporations are well known to outpace and overwhelm small business owners rather easily.
Mr. Wonderful says it on Shark Tank nearly every episode... "They will crush you like the cockroaches you are."
So while I can appreciate the positive feel you are presenting here, I would still recommend that all children go to school. Plan for college, save for college, and get it done with as fast as possible to get that piece of paper in hand. Don't shoot for expensive, challenging degrees that you think might pay well. Just get a degree, any degree, as fast as possible.
After graduation you will most likely find that many successful small business owners have had a business in the family for generations, they often have lots of money to start with and other resources that most common folks just don't have.
Mr. Wonderful is known for being brutally honest on Shark Tank, hence the nick name, and he sees self starting, small business entrepreneurs every day for a living. When he sees someone who is just getting table scraps, and they are not really competing in the marketplace... He calls it a hobby.
Now it does happen, Shark Tank is full of entrepreneurship that works. However, I still feel that it is rather rare where a hobby can become a career as such. The folks on the show that stand out have a serious passion to master their business. They live in closets and work 24-7 for years before they are able to create a business that is even somewhat enticing to an investor.
However, there is still a difference between a hobby and a career.
I agree that college can benefit some people . But I personally learned nothing, Most of the information was outdated and I was able to educate myself on my own. That is why I dropped out. Because the piece of paper really meant nothing to me.
I agree that it can be hard to compete with those bigger people. Especially those who have a business already in the family.
I love that you are referencing Shark tank. And that there is a difference between a hobby and a career. I feel like as time goes by, That distinction will shrink a little bit, As there are more opportunities.
I never said it was easy. I know what you mean about "Living in closets working 24-7 for years" because thats what I've been doing. After 1 year of that, I was able to sustain myself without a job. And I hope one day to grow bigger so I look "enticing to an investor"
Thanks for playing Devils Advocate I really liked your insights on this.